The LiRo Group and Hill International's Northeast Region Merge to Form LiRo-Hill

Egis Merges with Lochner to Expand U.S. Footprint

August 4, 2025

Engineering Services

Global engineering and consulting firm Egis has merged with U.S.-based infrastructure firm Lochner, positioning Lochner as the cornerstone of Egis' U.S. expansion. The combined organization brings together Lochner’s more than 1,100 professionals and Egis’ U.S. team to pursue organic and acquisitive growth across transportation, water, energy, and environmental markets.

Lorom (Cornell Capital-backed) Acquires Segue Manufacturing Services

February 14, 2023

Manufacturing

Lorom Holding Co., Ltd., a Cornell Capital-backed manufacturing platform, has acquired Segue Manufacturing Services, a contract electronics manufacturer specializing in electromechanical integration, cable and harness assembly, and engineering services. The deal (terms undisclosed) adds Segue’s North American footprint (Billerica, MA) and China and Mexico operations to Lorom’s vertically integrated cable and component manufacturing capabilities; Segue was a portfolio company of Axia Capital Partners.

NIRAS Acquires Lorien Engineering Solutions from GP Strategies

December 4, 2023

Engineering Services

NIRAS has acquired Lorien Engineering Solutions, a division of GP Strategies Corporation, to strengthen its engineering consultancy capabilities in the food & beverage, life science and advanced manufacturing sectors. The deal adds Lorien’s offices in Poland, the U.K., and South Africa to NIRAS’s global footprint and is expected to complete on 1 January 2024. The acquisition expands NIRAS’s process-industry expertise and international scale.

Right Lane Industries Acquires Majority Stake in TerraSource Global from Hillenbrand

October 25, 2021

Manufacturing

Hillenbrand completed the divestiture of its TerraSource Global business, contributing the business to newly formed TerraSource Holdings, LLC. Affiliated companies of Right Lane Industries (RLI) obtained majority ownership and operational control while Hillenbrand received a five‑year note with initial principal of $25.6 million and retained an indirect 49% ownership interest in the new Holdings entity.

Anser Advisory Acquires RLH Engineering, Inc.

September 21, 2022

Engineering Services

Anser Advisory, a PE-backed program and project management firm, has acquired RLH Engineering, Inc., an owner's representative, project management, and environmental consulting firm headquartered in Windsor, Colorado. The acquisition expands Anser Advisory's geographic presence in Northern Colorado and the Rocky Mountain region and brings additional environmental consulting capabilities to support K-12, healthcare, and municipal clients.

Cornell Capital Invests in Lorom Holding Co., Ltd.

October 17, 2019

Manufacturing

Cornell Capital LLC announced a strategic investment in Lorom Holding Co., Ltd., a Taipei-headquartered, vertically integrated specialized cable and electronic component manufacturer. The undisclosed transaction will keep Lorom's existing management in place while leveraging Cornell Capital's cross-border experience to accelerate the company's international growth and operational expansion.